Number of 401(k) ‘millionaires’ just jumped by 9.5% ...Middle East

News channel - News

By Jeanne Sahadi, CNN (CNN) — A new analysis by Fidelity Investments, one of the largest providers of 401(k) retirement plans, found that the number of accounts with balances topping $1 million rose by 9.5% in the third quarter. All told, of the roughly 24 million participant accounts in the 401(k) plans for which Fidelity serves as record keeper, 544,000 of them had balances over $1 million, up from 497,000 in the second quarter. The average balance in that group was $1.616 million, up from $1.595 million in the prior quarter. Among Gen Xers — who are next in line for retirement — those who have been saving for at least 15 years had an average balance of just under $600,000, up 6%

Hence then, the article about number of 401 k millionaires just jumped by 9 5 was published today ( Thursday 05/12/2024 - 08:12 AM ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Number of 401(k) ‘millionaires’ just jumped by 9.5% )

Last updated : 05 Dec 2024 clock 08:12 AM

Also on site :

Number of 401(k) ‘millionaires’ just jumped by 9.5% ...Middle East

Afghan Women Living Under Taliban Brutality Deserve Our Support .. Opinion

Recent homes sales in Greater Boston (Mar. 25)

From jewelry to jeans, these Amazon Big Spring Sale fashion deals are celebrity-approved

Is Iran’s negotiating position stronger than when US-Israeli war started?

Kevin Costner, Jake Gyllenhaal to Film ‘Honeymoon With Harry’ in Queensland

TSA Officer Says ICE Agents ‘In the Way’

Japan conveys regrets to China after arrest of soldier over embassy break-in

The Update .. The Vindys, Poobah in Free Concerts on Record Store Day

Two arrested in connection with London ambulance arson, police say

Islandwide blackouts bring life in Cuba to a near total halt

Hospital trust ‘missed earlier opportunity’ to raise alarm on Kent meningitis case

Egypt court acquits man in Mokattam public bus harassment case

Russia says it shot down almost 400 Ukrainian drones as Moscow and Kyiv escalate aerial barrages

Rihanna's Chocolate Brown Sweater Style Is the Luxe Staple We Need Now

SPJIMR Dean Varun Nagaraj appointed to AACSB Board of Directors